Old Mutual, Kenya Airways, and HF Group Report Mixed H1 2025 Financial Results - August 2025

Companies reported varied financial performances for the first half of 2025. Old Mutual Holdings PLC reported a sharp profit plunge of 98-99% to KShs 5 million for the half year ended June 30, 2025, citing lower interest rates and weakened insurance service results. Similarly, Kenya Airways reported a significant loss of Sh12 billion, a reversal from a Sh513 million profit a year earlier, attributing the downturn to grounded aircraft and reduced passenger traffic. In contrast, HF Group PLC announced a 134% jump in profit after tax to KSh 624.3 million, a performance that contributed to its banking subsidiary's upgrade to a Tier II bank.